Listing courtesy of Leigh Horton from Your Journey Real Estate
Looking for an investment / 1031 exchange property? This 2-1-1 apartment house has it all covered! The capitalization rate is solid, positive tenant history, separate utilities, AND the Sellers have taken such good care of this property throughout the years. From the list: The majority of the windows and exterior doors have been replaced, a concrete retaining wall installed along the driveway, a new metal roof installed in 2019, front steps replaced, covered stoop built, and most recently a new sewer main was installed. Each unit has their own private entry and there's plenty of parking, with a shared driveway off Upper Welden St. for two of the units (Apt. 1 + 35 Upper Welden St.) and another driveway off of Lincoln for the third unit (Apt. 2). This is such a great opportunity to add to your investment portfolio or purchase your first one!
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